There are around 43000 zip codes in this country (it's a number that's always changing) and Forbes recently published their list of the 500 most expensive zips.
I wrote a commentary in LuxuryHomeDigest about these most pricy zips in the country and thought there might be some interest here at Active Rain. It seems most of the top cendendors are located in California (13) or New York (10) with one each in Gibson Island, Maryland and in Alpine, New Jersey.
Was happy to see our local Rancho Santa Fe, which in prior years had topped the list, in 13th place. And San Diego County, ironically, also had 13 of Forbe's 500 zips--topped of course by Rancho Santa Fe.
Here's the compiled list:
| 1. | Duarte, CA | 91008 | $4,276,462 |
| 2. | Atherton, CA | 94026 | $4,010,200 |
| 3. | Rolling Hills, CA | 90274 | $3,892,456 |
| 4. | Alpine, NJ | 07620 | $3,814.885 |
| 5. | New York, NY | 10014 | $3,785,445 |
| 6. | Beverly Hills, CA | 90210 | $3,684,150 |
| 7. | New York, NY | 10065 | $3,626,001 |
| 8. | Belvedere, CA | 94920 | $3,283,269 |
| 9. | New York, NY | 10012 | $3,221,371 |
| 10. | Santa Barbara, CA | 93108 | $3,151,220 |
| 11. | Old Westbury, NY | 11568 | $3,110,769 |
| 12. | New York, NY | 10013 | $3,101,848 |
| 13. | Rancho Santa Fe, CA | 92067 | $3,055,740 |
| 14. | Hidden Hills, CA | 91302 | $3,055,538 |
| 15. | Los Altos, CA | 94022 | $3,048,846 |
| 16. | Newport Beach, CA | 92661 | $3,036,601 |
| 17. | Watermill, NY | 11976 | $3,006,849 |
| 18. | Los Altos Hills, CA | 94024 | $2,974,058 |
| 19. | Bridgehampton, NY | 11932 | $2,959,231 |
| 20. | Hillsborough, CA | 94010 | $2,948,423 |
| 21. | Mill Neck, NY | 11765 | $2,835,000 |
| 22. | New York, NY | 10003 | $2,925,587 |
| 23. | Gibson Island, MD | 21056 | $2,765,385 |
| 24. | Malibu, CA | 90265 | $2,730,577 |
| 25. | New York, NY | 10021 | $2,671.667 |
And no real surprise that these places border the left and right coast. But I am surprised not to see Aspen or Vail on the list.
Roberta - it's always interesting how much this shifts each year. But you tend to see many of the smae communities in the top 1/4 or so year after year.
Jeff
East Coast, West Coast remain the priciest. Vail and Aspen are ultra-expensive, but also contain lower cost properties that support resort workers (my conjecture).
Roberta, thanks for this list and I agree with Jeff, always interesting to see where we place. ~ Susan
Hi Roberta,
Interesting list to say the least, as a life-long SoCal resident I'm completely blown away with a few of these. And it was based on residential housing by zips, right?
Woah....our average list price is a little over $200,000. If we get a house a year sold over $1 million it is unusual. The value is certainly dependent on location.